No more going to the market for funding?? .. seems on-market is the only option to invest, likely why we are seeing heavy capping
$200m plant in place fully operantional perfect condition, decline in perfect condition as is all the underground equipment in place.
$25m to double plant through-put while increasing recovery and quality of product
Huge GVT backing to get the mine back into production asap
So $40m mcap with a $200m plant and walk-up ready underground orebody ready to exploit all high grade.
Drilling ongoing looking to at least double recourse as grade and size of the orebody is increasing remarkably at depth, as proven with the results he couldnt mention due to the trading halt at the time.. now i can see why LT holders are pumped and confident in saying its just a matter of time before we see $$ in front of the SP
People thinking they wont invest because of what happened with RVR are missing the boat on this, Wogen ready to 100% fund this project with off-take is my call, GAGE and Trafigura along with Wogen have this wrapped in a big red bow for JRV.. its not going to take much for a breakout.
$40m mcap is ridiculous when you listen to the presentation then add the massive results they halted for.
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41.0¢ |
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Mkt cap ! $127.0M |
Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
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41.0¢ | 40545 | 1 |
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7 | 194805 | 0.400 |
2 | 136609 | 0.395 |
5 | 172538 | 0.390 |
2 | 54209 | 0.385 |
Price($) | Vol. | No. |
---|---|---|
0.410 | 40545 | 1 |
0.415 | 213256 | 5 |
0.420 | 112631 | 4 |
0.425 | 229630 | 6 |
0.430 | 215000 | 6 |
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